KUALA LUMPUR, Sept 22 ― Malaysia’s inflation remained unchanged at two per cent in August 2023, similar to the growth rate recorded in July 2023, said the Department of...
KUALA LUMPUR, Sept 22 ― Malaysia’s inflation remained unchanged at two per cent in August 2023, similar to the growth rate recorded in July 2023, said the Department of Statistics Malaysia .
It said the food and non-alcoholic beverages group contributes 29.5 per cent of total consumer price index weight. On core inflation, DoSM said it moderated to 2.5 per cent in August 2023 versus 2.8 per cent in July 2023, but it still surpassed the overall national inflation rate of two per cent. “Meanwhile, miscellaneous goods and services, as well as health increased 2.4 per cent, respectively,” it said.
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